One 97 Communications, parent of Paytm, announces that its subsidiary, Paytm Payments Services Limited (PPSL), has been granted a Certificate of Authorization (COA) by the Reserve Bank of India (RBI). This allows PPSL to operate as a Payment Aggregator under the Payment and Settlement Systems Act, 2007. The authorization is effective from November 26, 2025.
Authorization to Operate as Payment Aggregator
Paytm Payments Services Limited (PPSL), a wholly-owned subsidiary of One 97 Communications Limited, has received the green light to function as a Payment Aggregator. The Reserve Bank of India (RBI) issued the Certificate of Authorization (COA) on November 26, 2025.
Impact on Paytm’s Operations
With this authorization, PPSL is officially recognized to operate as a Payment Aggregator, enabling it to facilitate online payments for merchants. Growth resulting from this authorization will be reflected in the Consolidated Financials of the Company.
Source: BSE